Following a quarterly report is not satisfactory, the Xiamen Tungsten let's mid-year report disappointed investors. Mid-year report released last week showed that eighty percent Xiamen Tungsten net profit to drop. However, at the same time, he was a large shareholder of Fujian Xiamen Tungsten Continuous Rare Earth Group holdings and holdings are generous.

According to the report shows, Fujian Xiamen Tungsten Rare Earth Group currently holds 235,600,000 shares in the first quarter increased by 459.16 million shares, the total share capital of 34.55%. In the second quarter, the share price at 30 yuan Xiamen Tungsten fluctuate around, that is, to buy shares in Fujian Rare Earth Group spent at least $ 120 million. Holdings in the second quarter, the major shareholder of Fujian, Xiamen Tungsten Rare Earth Group has achieved for three consecutive quarters of Xiamen Tungsten holdings. When the first quarter of this year, Fujian Xiamen Tungsten Rare Earth Group had holdings of 67 million shares. From the beginning of December last year, Fujian Rare Earth Group has total holdings of listed shares 0.95%.

In fact, in addition to intensify holdings outside, Fujian Province, Xiamen Tungsten is also rare earth business support into concrete action. Public information, in 2013 the first batch of rare earth mining Fujian indicators have 950 tons allocated to Xiamen Tungsten, which is more than the same period in 2012, 700 tons, an increase of 250 tons. The province's total mining capacity of 1,000 tons, and the remaining 50 tons were Sanming, Citylink, Changting, Shanghang other places of five rare earth companies carved up, that is, the first batch of this year, 95% of the mining index gave Xiamenwuye .

Shun securities business department Huli Avenue investment adviser Huang Huiming said, Fujian Province, Xiamen Tungsten is a rare integrated platform, its subsidiary Rare Earth Development Co., Ltd. Longyan City Longyan City has completed four rare earth mining rights in the three mining permits integration . In addition, in accordance with the requirements of the Fujian Provincial Government, Xiamen Tungsten will be a joint venture with the city of Sanming Sanming City Development Corporation and rare earth deep-processing enterprises three Ming Jinming Rare Ltd., which is expected by the end of 2013 and put into production.

However, Xiamen Tungsten results so depressed, but also with rare earth business can not get away. Due to continued depressed state of rare earth products, sales prices and sales volume dropped significantly during the first half of this year, Xiamen Tungsten subordinates Changting Jinlong Rare Earth Co., Ltd. due to operating losses and provision for inventory losses of 108.6 million yuan to prepare.

Huang Huiming expected that the rare earth industry governance policies further overweight, rare earths and magnetic prices are expected to further enhance, the main industry profitability is expected in the second half will be further strengthened, performance is higher than the first half. Although the Company completed the early development of the overall business plan with greater difficulty, but for now, Fujian Rare Earth Group will fight Fujian Xiamen Rare earth listing platform, both from a determination or action point of view, actions are great, worthy of investor attention.


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This year August 15 to November 15, the State Ministry of Public Security, Ministry of Land Resources, Ministry of Environmental Protection, General Administration of Customs, State Administration of Taxation, the State Administration of Production Safety Supervision and Administration for Industry and other eight ministries, in nationwide campaign against rare earth mining, production, circulation of illegal special action.

More than 90% of global rare earth resources from China in the past 20 years, China's rare earth industry in international trade not only no pricing power, resources will be sold "cabbage price." While large-scale mining since 1992, rare earth mining in the country is left devastated ecological destruction and serious waste of resources.

This really does not make sense. As long as the world found a large value of mining resources, the place is always able to get a lot of money and wealth, the income of the inhabitants of the land have always been greatly improved. Because of the access to the capital and technology, its environment can also get the appropriate repair and renovation. So there is always a place resources where no resources than more affluent and better.

Chinese rare earth mining get the opposite result, it is now very clear that this is due to years of over-exploitation of rare earth, caused by the illegal exploitation. Over-exploitation of the low prices, resulting in downstream separation of rare earth smelting rapid expansion of production capacity, resulting in excess capacity. Excess capacity, a further blow to the domestic rare earth prices, and the resulting vicious cycle of the entire industry. And this is done by technical conditions on the cost of capital for SMEs operate less demanding hundreds, or even illegal illegal operation results.

China Rare Earth Industry remediation chaos has been for some time, yet the Chinese rare earth resources from a reasonable, objective benign industrial use there is considerable distance. So this time focus on remediation but very necessary.

The main task of special rectification actions include checking the implementation of the local government territorial mandatory production plan, mining quota of total control, environmental verification, production safety, VAT invoices and other rules and regulations to implement and so on. To this end eight ministries established six priorities and requirements.

Generally, this six priorities and requirements are in line with this special rectification action total requirements. However, there are two points which I think is debatable, but these two points on the rare earth industry, China's market economy is not irrelevant.

In order to regulate the rare earth industry, eight ministries and quasi-pinching vital, "focus on verification smelting enterprises mineral source separation, focus on examination of trade enterprises purchase and sale of rare earth minerals." But it is to "guide the rare earth mineral mining enterprises will be sold directly to a smelting separation plan targets enterprise", and even that is actually required of rare earth mineral mining enterprises must be sold to a business plan targets smelting separation, which is sold to those who have a strong background in government-owned enterprises.

Chinese rare earth enterprises currently have mandatory plan, but China's rare earth industry basically should still implement market mechanisms. The "boot" or requirements upstream companies to sell their products to the specified downstream businesses, according to China's "anti-monopoly law," is part of the nature of vertical monopolies. Therefore there is a need to change these require "rare earth mineral mining enterprises must be sold to legal compliance and downstream enterprises."

Remediation China's rare earth industry, no doubt have to raise the rare earth industry, industry concentration. However, such a set, only in a fair and reasonable competition in the market resulting concentration of the rare earth industry in order to improve labor productivity in order to make China's rare earth industry reasonably healthy and sustainable development. Developed by a centralized administrative intervention, mostly the product of the planned economy, resulting in a small number of state-owned monopoly. Linked to the first two years of management to assign a macro northern South twenty-three state-owned monopoly of rare earth industry rumors, this is the need for vigilance. Do the rare earth industry in order to eliminate the confusion, the eradication of rare earth "cabbage price", and the emergence of monopolies and rare earth industry products exorbitant "monopoly price."


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Recently, the University of Tokyo professor of Earth Resources Hiroshi Kato Thailand, who composed the research team found that Japan South Bird surrounding seabed may exist a large number of rare earths, used in Japan for 230 years. Japanese government officials said the government is planning to conduct a joint study group and the investigation as soon as possible to prepare for these seabed mining of rare earth, the future is expected to achieve self-sufficiency.

Beautiful undersea RE development prospects can be achieved? In an interview with "China Science News" interview with reporters, Deputy Secretary-General Chen Zhanheng Chinese Rare Earth Society, said: "The Japanese submarine development of rare earth from the market still early. Even found a large number of rare earth, at present, has no economic value, but as a resource reserves , technical reserves, or have some significance. "

RE-called "modern industrial vitamin" as important as gold, oil. In 2012 the State Council Information Office issued the relevant data show that China's rare earth reserves accounted for approximately 23% of the world's total reserves, but the proportion of the world supply of rare earth accounted for 90%.

Chinese Society of Rare Earths Tianyuan Group experts have told reporters that the Chinese rare earth production capacity outside of the emergence of China's rare earth industry to bring some challenges, but also alleviate some of the supply pressure for the Chinese, but still far from the rapid constitute huge impact on China's rare earth industry . China in 5-8 years or even longer period of time, will still be the world's main producer of rare earth and commodity supplier.

For Japan to increase research and development of rare earth seabed act Chen Zhanheng that Japan, as a country with scarce resources, resources are dependent on other countries, if there are rare seabed, to achieve self-sufficiency in key resources, is a good way, but the actual There currently fail to meet requirements related to mining technology also. "It can only be a technical reserves, such as ocean nodules technology has been engaged for many years, it has not been able to achieve industrialization."

"Resources on the whole national economy is very important, resource reserves, technical reserves is a long-term national strategy. Japanese economic lifeline constrained resources, it must have its own resources to strategic considerations." Chen Zhanheng believe that this is rare in Japan knows seabed development of technology temporarily mature, but still increase the pace of research causes.


Rare Earth Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email: sales@chinatungsten.com
Tungsten Picture Center: http://picture.chinatungsten.com
Tungsten Video Center: http://v.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com
 

Recently, the University of Tokyo professor of Earth Resources Hiroshi Kato Thailand, who composed the research team found that Japan South Bird surrounding seabed may exist a large number of rare earths, used in Japan for 230 years. Japanese government officials said the government is planning to conduct a joint study group and the investigation as soon as possible to prepare for these seabed mining of rare earth, the future is expected to achieve self-sufficiency.

Beautiful undersea RE development prospects can be achieved? In an interview with "China Science News" interview with reporters, Deputy Secretary-General Chen Zhanheng Chinese Rare Earth Society, said: "The Japanese submarine development of rare earth from the market still early. Even found a large number of rare earth, at present, has no economic value, but as a resource reserves , technical reserves, or have some significance. "

RE-called "modern industrial vitamin" as important as gold (1362.10, -8.00, -0.58%), oil. In 2012 the State Council Information Office issued the relevant data show that China's rare earth reserves accounted for approximately 23% of the world's total reserves, but the proportion of the world supply of rare earth accounted for 90%.

Chinese Society of Rare Earths Tianyuan Group experts have told reporters that the Chinese rare earth production capacity outside of the emergence of China's rare earth industry to bring some challenges, but also alleviate some of the supply pressure for the Chinese, but still far from the rapid constitute huge impact on China's rare earth industry . China in 5-8 years or even longer period of time, will still be the world's main producer of rare earth and commodity supplier.

For Japan to increase research and development of rare earth seabed act Chen Zhanheng that Japan, as a country with scarce resources, resources are dependent on other countries, if there are rare seabed, to achieve self-sufficiency in key resources, is a good way, but the actual There currently fail to meet requirements related to mining technology also. "It can only be a technical reserves, such as ocean nodules technology has been engaged for many years, it has not been able to achieve industrialization."

"Resources on the whole national economy is very important, resource reserves, technical reserves is a long-term national strategy. Japanese economic lifeline constrained resources, it must have its own resources to strategic considerations." Chen Zhanheng believe that this is rare in Japan knows seabed development of technology temporarily mature, but still increase the pace of research causes.


Rare Earth Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email: sales@chinatungsten.com
Tungsten Picture Center: http://picture.chinatungsten.com
Tungsten Video Center: http://v.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com